Agency Snapshot: U.S. Agency for International Development
The US Agency for International Development advances United States foreign policy throughout the world by promoting broadly shared economic prosperity, strengthening democracy and good governance, improving global health, helping societies to prevent and recover from conflicts, and providing humanitarian relief in the wake of natural and man-made disasters. The agency’s $25.0 billion in budgetary resources is used to support economic and social development, in addition to human security and well-being in partnership with local governments, private voluntary organizations, universities, businesses, international agencies, and other governments to build stronger, more stable societies that respond to the needs of their people. Like other agencies, it is committed to pursuing this important mission while managing its finances effectively, which includes ensuring its payments are accurate, using only property it needs, and accounting for its finances properly.
The Administration is eager to reduce annual improper payments and is working with Federal and State partners, Congress, and other stakeholders, to reduce the government-wide amount of errors without negatively impacting citizen access to needed programs. "Improper payments" occur when funds go to the wrong recipient, the recipient receives the incorrect amount of funds, documentation is not available to support a payment, or the recipient uses funds in an improper manner. The government must better ensure that taxpayer dollars are spent wisely and efficiently. You can learn more about our efforts to reduce improper payments at the newly launched PaymentAccuracy.gov.
Decision makers and the public must have confidence in the financial information provided by agencies in order to make good decisions about managing government programs and implementing policy. The results of the annual independent audit are one of the best ways to assess agencies’ financial information and recordkeeping systems. All agencies are working to improve their financial management in order to ensure that taxpayer dollars are used as efficiently as possible.